TERM AND PRODUCTS Sample Clauses

TERM AND PRODUCTS. (a) The terms of this Contract will cover, with respect only to the Honeywell business identified in the preamble hereto, those products set forth in Attachment 1-A (“Standard Products”) and Attachment 1-B (“Proprietary Products”) (collectively, “Products”) ordered through the expiration of this Contract according to the stated lead-time in Attachment 1-A or 1-B, as applicable. New Products will be automatically added to Attachments 1-A and 1-B as set forth in Section 4(b), and in accordance with the terms and upon the conditions set forth in this Contract. (b) The term of this Contract shall commence on the Effective Date, and shall run for the period of twenty (20) years (the “Initial Term”). […***…] For purposes of the foregoing, the “Renewal Metric” is as follows: […***…] *** CONFIDENTIAL TREATMENT REQUESTED […***…] On or before September 1 of the calendar year prior to the First Renewal Term or the Second Renewal Term, Buyer may, at its option, conduct a market test of the entire portfolio of Products to determine whether Seller’s then-current prices (on an aggregated basis over the entire portfolio of Products at the forecasted volumes for the succeeding year) are within […***…] based on bona fide quotes obtained by Buyer from alternate distributors and provide written notice to Seller of the results thereof. […***…] (i) […***…] and the prices as so adjusted will be the baseline for future annual adjustments for the applicable Renewal Term pursuant to Section 5(a) of this Contract; or (ii) decline to enter into the First or Second Renewal Term, as the case may be, unless Buyer waives such price adjustment by written notice to Seller within fifteen (15) days after receipt from Seller of its notice of election of clause (ii); provided that, if Buyer does not waive such price adjustment as set forth above, the Contract will be deemed to expire as of the end of the following calendar year, and the parties will follow the transition procedures set forth in Section 3(a)(iii) and (iv) below, and for purposes of the application of such procedures to this Section 2(b), […***…] (c) Releases for the Products will be issued on individual purchase orders or bin scans by the applicable business within Honeywell. *** CONFIDENTIAL TREATMENT REQUESTED
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Related to TERM AND PRODUCTS

  • Existing Products Except as set forth below, Contractor shall retain all rights, title and interest in Existing Products.

  • PRICE LISTS AND PRODUCT INFORMATION Contractors should provide an electronic version of the proposed price list in an Excel format or pdf on a jump drive. Also provide a dealer list, if applicable in an Excel format with "read and write" capabilities on the same jump drive. No costs or expenses associated with providing this information in the required format shall be charged to the State of Arkansas. At the time of contract renewal contractor will furnish OSP with an updated dealer list and published price list.

  • Products Products available under this Contract are limited to Software, including Software as a Service, products and related products as specified in Appendix C, Pricing Index. Vendor may incorporate changes to their product offering; however, any changes must be within the scope of products awarded based on the posting described in Section 1.B above. Vendor may not add a manufacturer’s product line which was not included in the Vendor’s response to the solicitation described in Section 1.B above.

  • Product NYISO will provide Energy Resource Interconnection Service and Capacity Resource Interconnection Service to Developer at the Point of Interconnection.

  • License Terms Licensor hereby grants to Licensee a license to use the Use Areas as follows: